Workbench Logo
Workbench Logo
Workbench Logo
Workbench Logo
Workbench Logo

EV production milestone shows continued fleet take-up, says Smith Electric

The company believes that short-haul urban transport is the current greatest market opportunity for fleet electrification, adding that this is a market in which operator demand, logistical viability, political support and environmental benefit are all aligned. There are six million medium-duty commercial vehicles, representing a $40bn (€30bn) market across North America, Europe and Asia-Pacific. The company estimates that a significant portion of these vehicles service short-haul routes in urban centres, and is targeting this segment for fleet electrification.

It adds that customers who work with Smith Electric to transform their fleets save an estimated 70% annually on fuel and maintenance during the life of the vehicle and eliminate all vehicle-based emissions.

‘We do not think in terms of the truck; we think in terms of full end-to-end fleet transformation and all its associated benefits. This delivers substantial economic and commercial benefits for our customers and helps drive the growing demand for our product,’ commented Bryan Hansel, chief executive officer of Smith Electric. 

He added: ‘With these important milestones achieved, Smith will be positioned to move fully into commercial scale manufacturing and enable electric fleet transformations around the world. Most importantly, we have first mover advantage in a vast global market for full fleet transformation. We look forward to the future with confidence.’

Natalie Middleton

Natalie has worked as a fleet journalist for 14 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie works across the magazine portfolio and updates the company websites with daily news, interviews and road test content.

Leave a comment

You must be logged in to post a comment.